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Floki

FLOKI Price Spike Due to Massive 190.91 Billion Token BurnFloki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) has seen a tremendous increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders. In the last 24 hours, the SEED_DONKEYDAN_MARKET_CAP:FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, SEED_DONKEYDAN_MARKET_CAP:FLOKI was up 17% from the intra-day low at press time, trading at $0.0002465. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B. Token Burn Effects on Market Dynamics The decision to burn a massive amount of SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of SEED_DONKEYDAN_MARKET_CAP:FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, SEED_DONKEYDAN_MARKET_CAP:FLOKI experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data. The decrease in supply and increased demand have often seen the currencies’ value rise. Market analysts perceive such a strategic token burn as an important event for SEED_DONKEYDAN_MARKET_CAP:FLOKI , pointing at its capacity for further development and stability in the erratic market of cryptocurrencies. Following the token burn, the spike in SEED_DONKEYDAN_MARKET_CAP:FLOKI prices has provoked talks of what path the meme coin will take. Market participants closely follow the market to identify possible long-term effects of the slashed token supply on price stability and growth. Besides, the Floki team’s ongoing attempts to enhance the coin’s utility and interact with the community may support the favorable momentum. Amidst token burns, the team has been working on new features and projects, including the Valhalla play-to-earn metaverse game, which is expected to generate even more interest and increase the adoption of the token.
Long
by DEXWireNews
FLOKI/USDT Secondary trend 1 reset zone. Pivot zones 08 2023Logarithm. Time frame of 3 days. Secondary trend. 1 reset zone after pumping up about +1000% from accumulation zone. A wedge is forming. Pivot zones and logic on the chart. Meme crypto wrapper. It has no value or utility, only speculative interest. Mimicry of DOGE. If Ilon Musk's DOGE will be pumped, in all likelihood this phantom will be pumped as well. This idea is a continuation of the previous idea published on 1 11 2022 in the active phase of cryptocurrency recruitment before pumping almost +1000% (average +370%) after a while. FLOKI/USDT "Football MEM". Elon Musk. Main trend. Cycles. An accumulation phase and a reset phase. Remember that if there is accumulation, those big players in the market who have accumulated will dump it at another higher price. You have to wait for this to happen. Typically, most people have a "impatience" attitude. And the more stupid a person is, the more vividly it manifests itself. Buying cryptocurrency, they immediately think to get a big profit, not realizing that markets succumb to cycles, no one from the position of rationality will increase the price of cryptocurrency in a bear market phase. Therefore, in established zones where the big market players are gaining ground, buying at any price is not such a scary thing. But, a properly chosen entry point and a low average price is a guarantee of good profits. Cryptocurrencies with low capitalization. Liquidity and volatility. Risk management Low liquidity. Consequently, you can do anything with the price - from super pumping to super dumping. The chart is a testament to this. Stop losses are useless in such cases because of the same liquidity and, consequently, excessive volatility before trend reversals (bullish/bearish, it doesn't matter). For example, a stop loss (zone entry) under dynamic triangle support before a trend reversal and pumping almost +1000% is about -14%. I believe it is irrational to use such long stops from a risk management position. This applies to local trading as well. T actics of working with such cryptocurrencies. Mani management. Psychology Consequently, it is rational to work only from the average set/reset price and not to be greedy. It is clear that you will not see inadequate profit percentages of 1000% and so on, which are so nice to the "hamster's eye", but 40-60% of the average pampa movement you can take away constantly and are not afraid of any inadequate draw downs. No matter how the trend develops, it is neither cold nor hot for you, any movement is profitable for you. The main thing is that the wrapper did not disappear with the ends, I think it is inevitable, but not now. It is desirable, if working with such low liquid and at the same time high HYIP cryptocurrencies, to work in groups of 5-10 cryptocurrencies. Consequently, the disappearance of one cryptocurrency at the expense of profits (earlier, now or in the future) from others does not reflect extremely negatively on the allocated deposit for trading such. I would like to note that from the total deposit the amount for trading similar should not exceed 5-10% of the total deposit according to your mani-management. As for me, 10% is a lot. It is very important, from each profit to withdraw from the group 50-60%, as long as you work only from profit. That is, all invested money “body” in crypto garbage should be withdrawn. Don't be greedy. Every time you pump one of the group's phantoms, be sure to withdraw all profits, do not collect something that is worth nothing. Sell in installments. In the phase of active pumping grid, orders to sell + stops to protect profits. Such cryptophantoms, as a rule, merge at 100% of the price of the beginning of the pampa, i.e. the breakout zone. Predicting the minimum or maximum is extremely difficult due to the “manual influence on the price” by the creators of the phantom. Their selling at any price is profit from “nothing”, always keep that in mind. But in order to sell something that is worth nothing, you need to make interest for traders, that is, volatility For investors—"pour water in their ears", that is, suggestion about the exceptional value of another crypto trash. It is important to initially monitor your mani-management and correctly allocate funds in case the cryptocurrency enters one or another expected zone of set or reset, even if you, for some reason, do not believe it. Major trend. Time frame 1 week. FLOKI Main trend High risk=high return 08 23
by SpartaBTC
4
FLOKI Idea: Potential Price Surge on the Horizon!CRYPTO:FLOKIUSD Potential Price Surge on the Horizon! Our analysis suggests a bullish breakout for FLOKIUSDT. The price appears to be making a correction towards the upper line of its established uptrend channel (around 0.0002175). Once it reaches this point, we anticipate a strong upward move with potential to hit two key Fibonacci targets: Fibonacci Retracement 1.618 - 0.0003536 Fibonacci Retracement 2.0 - 0.0004025 Following this simple technical analysis can help you make informed trading decisions. Please note: This is for informational purposes only and should not be considered financial advice. It's important to do your own research before making any trades.
Long
by Arash-RK
High probability of a quick trend with the aim of overshootingAgainst the background of the general growth of dex tokens, quick volatility showed an increase, which is highly likely to be the beginning of a trend with targets up to 0.25-50. In case of a successful general market buy-off in the second half of the week, we can expect a retest of the 0.100-125 range with a continuation of the trend at the opening of a new week above 0.1. With weaker buyer activity, growth may be slower with the aim of opening a new monthly candle above 0.1. The main support and the area of the set of positions so far is the range of 0.625-750. This token is well suited for medium-term investments.
Long
by Strateg_
March is the month of correctionsThe market once again worked exactly according to the expected scenario with a breakdown of the key level of 3500. The bulls' goal has been achieved, there is a technical signal to maintain purchases, which will reduce the activity of sellers and the risk of a reversal of the quarterly candle. In the mid-term, the chances of maintaining a bullish trend for the entire first half of the current annual candle have increased. However, at the moment we are approaching the end of the quarter and it is time for a correction with bearish retaliatory strikes. In this regard, further growth becomes an extremely difficult task, mainly it is worth hoping for successful cancellation and repayment of market corrections. The first blow can be expected this week. If the correction starts today, there is a chance to check 3250 by the middle of the week with a further payback by the end of the week. If the growth continues today or tomorrow from 3400, there remains the possibility of a breakdown of 3750 during the week, which will give a signal to go to 4500-5000 in the future. This scenario remains more likely for now. This month, the crypt will be particularly sensitive to the coming statistics on the dollar. At the moment, the main growth has been shown primarily by individual strong and actively advertised projects. If the quarterly bullish candle is held, we can expect a new wave of alt growth with significant interruptions, since medium-term purchases for large investors and investments in developing projects will become reliable. In this case, the probability of the beginning of such an altseason should be expected from the second half of March with a continuation until the beginning of May. chz gft and df, which I recommended for safe medium-term investments, took rather high targets, and the probability of a rollback prevails against the background of market disruptions this month. Today, vib looks more suitable for this. OAX cvp drep ooki asr atm still have the highest unworked targets up to 100%+ from current levels, which can help them compensate for market pullbacks and continue growth with subsequent major breakouts.
BITSTAMP:ETHUSD
by Strateg_
2
🐶Floki Inu(FLOKI)🐶 is Ready to Correct 🚨➖50%🚨🐶One of my favorite meme coins is Floki Inu(FLOKI) . A few months ago, I shared with you the analysis that Floki Inu(FLOKI) has increased by more than 😱 ➕2000% 😱 so far. 💡 Floki Inu(FLOKI) began to rise after the community of users of this meme coin voted to burn 190 billion FLOKI tokens . But will this growth continue❗️❓ 🙏Please, Stay with me. 🏃‍♂️ Floki Inu(FLOKI) is currently moving in the 🟡 Potential Reversal Zone(PRZ)($0.000215-$0.000136) 🟡and near the upper line of the ascending channel and Pitchfork line . 🌊According to the theory of Elliott waves , Floki Inu(FLOKI) seems to be on the way to completing the Double Three Correction(WXY) , so Floki Inu(FLOKI) is currently completing the main Y wave . 🔔I expect Floki Inu(FLOKI) to correct(➖50%) at least the 38.2% Fibonacci level and 🟢 Support zone($0.00002322-$0.00001528) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Floki Inu Analyze ( FLOKIUSDT ), 2-day time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
33
AGIX CUP AND HANDLE: UPCOMING BEARISH MOVE OR ANOTHER ATH HIT?The main headline of the price movement for BINANCE:AGIXUSDT is reaching its all-time high several days ago. Forming an inverse cup and handle pattern (or a head and shoulders), citing a possible bearish move for AGIX. But could it happen or will there be another all-time high for the coin as well as price and trendlines to watch out for in my full technical analysis on this idea thread below. Stay tuned and happy trading :) For more info related on AGIX: www.ccn.com
AShort
by luigi360swirl
FLOKIUSDT.2HBased on the provided market data, FLOKI has a current price of 0.00013 USDT. Technical indicators such as RSI, MACD, and Bollinger Bands are showing extremely high values, which typically indicate a strong uptrend. The 4-hour RSI is 95.96, which is considered overbought. This suggests that the FLOKI may be due for a price correction or slowdown in the near future. The MACD for the same period is 18.0, which indicates a strong bullish trend. The Bollinger Bands are at 12.0, indicating high price volatility. The daily RSI is even higher, at 97.64, further emphasizing the overbought condition. The MACD for the day is 12.0, maintaining the bullish signal. The 7-day RSI is slightly lower at 85.74, still in the overbought territory but less so than the 4-hour and daily figures. The 7-day MACD is significantly high at 75.0, indicating a strong bullish momentum over the past week. Support levels for the 4-hour, daily, and 7-day charts are significantly higher than the current price, which may suggest an error in the data or a very strong uptrend that has surpassed previous support levels. Resistance levels are all lower than the current price, which typically suggests that the price has broken through these levels and may continue to rise. However, it's important to note that when a cryptocurrency like FLOKI is in such a strong uptrend and showing overbought conditions, a price correction or reversal could happen at any time. While the current momentum is bullish, potential investors should be aware of the risk of a sharp pullback. In conclusion, FLOKI is showing strong bullish momentum but is also in overbought territory. It's a potentially risky investment at this stage and potential investors should proceed with caution. As always, it's recommended to use this analysis in conjunction with other information and strategies, and to consider one's own risk tolerance and investment goals.
by MarsSignals
Floki Inu ($FLOKI) Experiences a Remarkable 100% Price SurgeFloki's recent price surge, catapulting it to over $0.00011156, underscores the dynamism and volatility inherent in the crypto market. Yet, beyond the surface excitement, lies a deeper narrative of resilience and utility. Floki's Ecosystem Ascendancy: Behind the memes and hype, Floki stands tall with over $366 million in Total Value Locked (TVL) across its ecosystem products. This milestone not only speaks volumes about Floki's resilience but also showcases its robust utility. With Floki Staking commanding over $239 million and FlokiFi Locker boasting an impressive $127 million, Floki distinguishes itself among meme coins, highlighting its ecosystem's tangible value. Further enhancing its ecosystem integrity, Floki developers have proposed a token burn of 2% of the circulating supply, valued at over $11 million. This strategic move aims to increase scarcity and fortify network security, demonstrating Floki's commitment to long-term sustainability and growth. Floki's Path to Mainstream Acceptance: Beyond its meme origins, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) is charting a bold path towards mainstream adoption. With a vision to become the world's most recognized and utilized cryptocurrency, Floki is leveraging its ecosystem strength to transcend meme culture. The milestone of $366 million in TVL signifies a pivotal moment in Floki's journey, legitimizing its presence in the crypto landscape and accelerating its march towards widespread acceptance. As Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) continues to innovate and expand its offerings, investor confidence remains steadfast. With aggressive efforts to boost adoption and enhance user engagement, Floki is redefining the narrative of meme coins, propelling itself into the realm of legitimate cryptocurrencies. In Conclusion: Floki Inu's journey is emblematic of the transformative power of cryptocurrencies. Beyond the memes and market fluctuations lies a story of resilience, innovation, and ambition. As Floki navigates through the volatile waters of the crypto market, its ecosystem strength and quest for mainstream acceptance serve as beacons of hope, inspiring confidence in its long-term potential and impact on the crypto landscape.
Long
by DEXWireNews
$FLOKI Ready to Breakout?!On higher time frames GATEIO:FLOKIUSDT looks like it is priming for a big move Weekly: in December we ran to 4000 and then pulled back, last two weeks have discovered a "higher low" and look the be setting up to take 4000+ Daily: Have a nice flag that looks to be breaking the 3440 resistance level. Had a pullback Feb 17th that held, printed a hammer candle and looks to be following through now. 4H: Looks to be closing above the 3440 resitance level which could lead to a big candle Vol: would like to see more volume on this ticker, would solidify some social backing behind the token EMA: strong ema support down to 3000, if we fail and price heads back towards those levels, its not a bad long for some orders. Plan: Entry: I'm in at 3399 for an initial swing position. This is a tough lvl and fails often so be comfortable holding through a 5-8% down turn. I would like to add on a break of 3400 with confirmatory candles/volume. SL: will ideally hold unless we dump/break 3050 range (EMA support range) TP: initial target 3900-4000 *if we continue to see $ flow into cryptocurrencies FLOKI could explode again, no reason you cant get 70-120% if thats the case.
Long
by DOpeTrades
1
FLOKI USDT - in the range, yetFloki is at strong support and if btc holding well in the coming days floki could fly. Its just need to breakout from the range. After breaking out I want to buy at retesting phase if I can. Im in bullish mode in the last few months so I start to build up my position soon. Im just a beginner trader with minimal knowledge of the trendline r/s and other stuff, please dont follow my plan. At the end we can discuss I was right or not. See ya few day/weeks later NFA!
Long
by Danesz28
FLOKI Looks BullishFLOKI/USDT looks long term bullish. DCA for the best entry price. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
FLOKI/USDT descending channel bullish move from demand ?🚀FLOKI💎Paradisers, #FLOKIUSDT is currently exhibiting a pattern that significantly increases the likelihood of a bullish breakout from its established demand zone. 💎 Upon detailed analysis, #FLOKI demonstrates a strong adherence to a descending channel, having respected the descending resistance line on two occasions. Presently, there's an optimistic sentiment surrounding its potential for a bullish continuation from the key demand zone at $2798. A sustained momentum from this level could potentially lead to an upward trajectory targeting the next key resistance. 💎 The cryptocurrency market, known for its rapid fluctuations, necessitates a strategic and adaptable trading approach. If #FLOKI shows signs of difficulty in maintaining its position within the demand zone, a strategic recalibration may be required. 💎 Under these conditions, our contingency plan - Plan B - would involve preparing for a bullish movement initiating from a lower support level, identified at $2446. Maintaining a vigilant and proactive stance is essential, as a decline below this support could indicate a shift towards a bearish market trend. 🌴💰
Long
by MyCryptoParadise
3
FLOKIUSDT Strategy for a 60% Upside🔅FLOKIUSDT, akin to several coins we've previously analyzed, has demonstrated an bullish pattern by finding support within an area that previously served as a supply zone. Throughout the entire month of November, the 3000 demand zone, which coincides with a psychologically significant support area, has witnessed multiple instances of respect within the price action. This consistent behavior underscores the dominance of bullish sentiment prevailing in the crypto market market in general and FLOKI in particular. 🔅The repeated respect for this support zone strongly indicates the likelihood of continued bullish momentum, highly favoring an uptrend continuation. Should this scenario materialize, a potential price surge of over 60% is conceivable, targeting a double Fibonacci resistance level near 5300. 🔅We've meticulously shared the full trade setup, inclusive of stop-loss (SL) and take-profit (TP) levels, in our dedicated channel. This comprehensive analysis aims to provide traders with valuable insights into chart dynamics, trading psychology, and potential profitable opportunities within the FLOKIUSDT price action.
Long
by CryptoPAMM
floki → a 45% profithello everyone... as you can see flokiusdt made a wedge pattern in the direction area (the blue area), on the other hand, this coin broke the top line of the pattern! so it is possible to start an upward movement toward the dashed line after a retracement! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
32